Property Description
New construction duplex offering a stabilized investment opportunity with strong in place income. Built approximately 3 years ago, both units feature modern construction, efficient layouts, and all major systems less than three years old, including roof, HVAC, plumbing, electrical, and appliances. Everything is essentially brand new.
The property offers just over 1,800 square feet total and is fully occupied with tenants in place. Both units are leased into 2026 at market driven rental rates, offering immediate income with long term stability. Financials support an attractive cap rate at the current price point, making this an appealing option for both investors and owner occupants.
Located in Flood Zone X, the property has never experienced flooding.
This is a turnkey, low maintenance asset in a highly desirable South Tampa location that offers flexibility for both investors and owner occupants. A buyer could enjoy living in one unit while offsetting their mortgage with rental income from the other, or continue operating the property as a fully stabilized investment. An ideal opportunity for those seeking immediate cash flow, long term value, and minimal capital expenditure concerns.
Features
- Heating System:
- Central
- Cooling System:
- Central Air
- Exterior Features:
- Fence
- Interior Features:
- Thermostat
- Laundry Features:
- Inside, Laundry Room
- Sewer:
- Public Sewer
- Utilities:
- Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Address Map
- Country:
- US
- State:
- FL
- County:
- Hillsborough
- City:
- Tampa
- Subdivision:
- BROADMOOR PARK REV
- Zipcode:
- 33609
- Street:
- STATE
- Street Number:
- 3921
- Street Suffix:
- STREET
- Longitude:
- W83° 29' 26''
- Latitude:
- N27° 57' 6''
- Directions:
- Turn right onto W State St
- Mls Area Major:
- 33609 - Tampa / Palma Ceia
- Street Dir Prefix:
- W
- Unit Number:
- 1 & 2
- Zoning:
- PD
Additional Information
- Lot Size Dimensions:
- 50x100
- Water Source:
- Public
- On Market Date:
- 2026-01-15
- Number Of Units Total:
- 2
- Foundation Details:
- Slab
- Construction Materials:
- Block
Financial
- Tax Annual Amount:
- 8632.96
Listing Information
- List Agent Mls Id:
- 261565196
- List Office Mls Id:
- 261559997
- Mls Status:
- Active
- Modification Timestamp:
- 2026-01-15T23:48:09Z
- Originating System Name:
- Stellar
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-01-15T23:09:38Z
Residential Income For Sale
3921 W State St #1 & 2, Tampa, Florida 33609
4 Bedrooms
4 Bathrooms
1,831 Sqft
$760,000
Listing ID #TB8465251
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- TB8465251
- Price :
- $760,000
- Bedrooms :
- 4
- Bathrooms :
- 4
- Square Footage :
- 1,831 Sqft
- Year Built :
- 2023
- Lot Area :
- 0.11 Acre
- Property Sub Type :
- Duplex
- Roof:
- Shingle
